Sharebuilder accepting limit orders for Twitter

Just a few minutes ago I got an email from ShareBuilder, where I have an account, referring to the Twitter IPO. ShareBuilder doesn't have any IPO shares of Twitter, but clearly they want to hop on the Twitter bandwagon. I visited their Twitter IPO page, which informs me that:

November 6, at 4 PM ET - We begin accepting limit orders for Twitter.

 

November 7, on or after the market open – Once trading begins on the secondary market, we will accept all order types.

See:

http://www.sharebuilder.com/sharebuilder/help/topic.aspx?CategoryCode=&FaqCode=FTEMPTIPO

 

I don't have much cash in that particular account to buy Twitter, but it's nice to know that I could.

 

Besides, with a limit order and a stock this frothy, it's hard to figure out a reasonable limit order that will assure that you get the stock.

-- Jack Krupansky